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Search Results 0 to 28 of about 29 (some duplicates have been removed)
to go to president obama. 55 electoral votes in california. this is obviously a huge one. no surprise that the president wins california. also, right now, we can tell you that hawaii is also going to obama. nbc news projecting the president to win hawaii as well, another four electoral votes. listen to the crowds, carl. >> yep. >> another winning -- another winner on a close call in idaho. idaho is going to governor romney. governor romney wins idaho with four electoral votes. nbc news projecting mitt romney the winner there. >> couple of big states out of the pacific northwest as we continue to hear the crowds at democracy plaza. the state of oregon, too early to call. although nbc news is saying that the president, barack obama, does lead in the state of oregon. and washington state. nbc news projects that barack obama will take the state of washington. there are some cheers in democracy plaza. we'll go back to there as the map fills in as the night goes on. >> not really clear who the fan base is for because you're hearing the same kind of, you know, phrase for both obama and romne
what matters if president obama is re-elected or not. the indecision over the outcome played out once again in today's quiet session. the dow gained 19 points. s&p rallied. nasdaq advanced 5.9%. tonight i want to show you what really matters, why they might go up or down independent of the election. don't worry, i'm going to give you some picks for an upset by governor romney, although i'm on record thinking it's most likely not going to go the governor's way. but i bow to popular demand. first up, let's figure out how stocks have really done under president obama and i'm going to use a prism that i haven't seen anybody else use, the five-year lookback. you cannot use the inauguration day as the starting point. there's too much priced in at that point. almost every stock is higher, so it's irrelevant. the s&p is up 75% from inauguration. we need to go back to when the great recession was just about to begin. it became clear the next occupant in the white house could be a democrat, proved my thesis that if obama wins, it might not matter the stocks nearly as much as you think. anyway,
the phone and say listen. there was a feeling on wall street in the last few weeks that obama was going to lose. that romney had decided to spend a ton of money and win pennsylvania and ohio and he already owned florida. so it's all a done deal. don't believe me? did you watch cnbc's coverage last night? republly can after republican came on right after ohio got called for the president. these people were just plain, out right sellers today. they bought in anticipation of winning. they sell what romney lost. most of my investors will say oh, yeah, hey, sure. let that run its course. i'm not going to sell my gap stores for target, right or wrong? however, i would rebut that we suddenly have a new word. the head of the european central bank picked up today, of all days, to say that things have worsened dramatically in europe including germany. that means there's a new sense of urgency to fix the europeanness and we're learning to be wary of the way europeans are going about their "bailouts." here's what the client would say. wait a second. we've been through this before. why do i have to
are president obama, you believe the election is over and your campaign received a ringing endorsement. but if you are a republican, you have to believe that those republicans that do not want to rise above politics are banking on massive declines in spending to wreck the economy. if you are a republican, in permanent campaign mode, i'm sure one of your advisers is saying that going off the fiscal cliff might be the best thing in terms of the midterm election. worse, if you are a democrat, you might think the defense spending cuts could be coming and you might think that is good. there is a sense that those who want to stymie the president are going to be targeted by other politicians, business people, and yes, they will be targeted by us. you stand in the way of a deal, your principle is greater layoffs and lower standards of living and your principle is lower stock prices. the pressure of the business people putting on the government you get a deal spearheaded by our guest dave cote is greater than anything i have seen in our life and it is growing. that is why the optimism may not b
president barack obama and new jersey republican governor chris christie could produce what could be the biggest public works project in a generation, to meet and entrust that national emergency. remember when president obama was elected, he said he'd put a lot of people to work in shovel-ready job. turned out there weren't that many jobs that were ready in. the wake of sandy, i don't think there are enough shovels ready for up and down the jersey and new york coast. these jobs will be created. this destruction, estimated between $30 billion and $50 billion. i think it's going to exceed that. maybe at least get to the high end. will finally move the employment need until this country. -- in this country. just as did did in the wake of hurricane andrew. now, when we look at industries that have been hardest hit since the great recession, the one that stands out the most is the construction business. construction business is about half of what it was six years ago. the culprit, banks that are afraid to lend, excess of homes, no need for new buildings and roads. the federal governmen
not be a meaningful contributor to our energy independence until long after president obama completes his second term. "mad money" is back after the break. >>> coming up, holding them accountable. the fiscal cliff is coming. and if washington won't rise above, they face cramer's consequences. he's got a brand new wall of shame for those preventing compromise and it's about to get its first members. the storm of shame is coming. don't miss out. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >>> and the award for the most strident elected official when it comes to compromise -- i thought it was mitch mcconnell, senate majority leader from kentucky who said that recent election was a mandate to keep taxe
have missed and will continue to miss until president obama convenes all the leaders of congress and sends them to camp david to hammer out an agreement in time for the holidays. don't you leave camp david unless you have an agreement. there are three ways to win today. they're all beautiful. three way that's would have been available for you if you followed the show this year. i know that many of you have just decided that until the cliff's bridged or we plunge down it, you simply aren't interested in attempting to make money. you just don't want to lose money. there is even a known bad is better than an unknown anything which is where we are right now. >> i spend a huge amount of time on this show talking about biotech stocks. i embrace speculating in the sector the every turn. today we saw two terrific reasons why this makes sense, the sale of two stocks. perhaps the most recommended names on this show in 2012 right from the beginning of the year. we tried to draw your attention to the dreaded disease that is hepatitis c and how one company, gilead, is working on a breakthroug
benefit managers. of course obama care is going to happen which should lead to about 30 million more people with health insurance who need to pick up the prescriptions somewhere. hey, you know what? it's probably likely going to be cvs. don't forget, it's flu season. flu season fortunately -- hey, you know, knock wood, it's been pretty benign. can you imagine here's a stock that's barely nicked by the fiscal cliff and benefits from obama care but they're putting it on ale sanway like a stock that gets hurt bama care and crushed by the fiscal cliff. 13.2% growth ray. the i think it's pretty cheap. plus they have an analyst day coming up. i think management's going to tell a very good story. i would begin -- remember, i'm not telling you -- begin to buy a stock into weakness. i'm forecasting the stock to be down another dollar tomorrow. maybe that's where you start. you start with a little piece! not a big piece. a little piece of pie. maybe -- maybe like something like this. this big. that should be your first buy. the bottom line, cvs delivered a triple play quarter. but with all the
until long after president obama completes his second term. "mad money" is back after the break. >>> coming up, holding them accountable. the fiscal cliff is coming. and if washington won't rise above, they face cramer's consequences. he's got a brand new wall of shame for those preventing compromise and it's about to get its first members. the storm of shame is coming. don't miss out. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. then don't get nickle and dimed by high cost investments and annoying
and remain conservative. it could be crushed by president obama. china is the growth market for peabody. big coal company. closed $29.28. it's been a remarkable run. the weirdest rally is tech. we have seen so many disappointments in tech, we forget how much of tech goes into china. huge market. so let's just say it was enough to reverse the trend of all of those stocks. they moved higher. it was as if they reported better, not worse than expected earnings. china provided the change at the margin to make this rally happen. china, not the u.s., which everyone knows is okay, and europe is getting much worse. when you get a number that breaks the fall of a huge economy like the one we got from china i i read about in zucotti park this morning, it spells growth. that's what we got. in return, so many of the industrial and tech stocks that had looked like ugly ducklings turned into beautiful swans -- white ones at that. i don't expect them to revert to their hideous stature. the first in a long line of positive numbers. let's go to george in virginia. >> caller: hello jim. i've got some biomed. i
obama and john boehner, the speaker of the house. which made me feel like maybe you don't have to be insane to believe you can get a positive resolution here. i'm a cynical guy but even i think the short sellers are being too glib and the longs are too terrified, given the facts on the ground. don't get me wrong. i'm not saying the fiscal cliff will definitely be bridged but things could go right. the democrats and republicans could work together, as crazy as that sounds, and you have to take that possibility of a positive into account. speaking of a fiscal cliff, we have to hear more beyond what we heard today. every minute that goes by without a deal is a minute that could drive us closer to the brink and it colors my whole show now. i'm more sane about bridging the cliff than i was yesterday. but as the son of a veteran, if we don't get a deal soon, i can have a recession gift wrapped by christmas. next week is a very important week for earnings and data. kind of surprising. money is all about home building. the home builders have been the lynch pin of the now forgotten rall
to make of this big meeting at the white house? president obama met with congressional leaders and they made optimistic noises about how they are confident they'll reach a deal to avoid the looming fiscal cliff? the meeting helped stem the tide of decline. it caused the averages to slightly rebound. the dow closing up 46 points, pretty impressive. call me cynical, but i think we need to be careful about getting too excited about any near term resolution. how many times during the debt ceiling debacle, remember that? did our leaders insist they could hammer out a deal. even a huge grand bargain to fix the deficit only to have the negotiations unravel. until we get a resolution, the fiscal cliff will be the most important issue out there. tonight as part of my game plan, i'm going to give the historical prism as long as the cliff is hanging over our heads. as a gristled veteran of the markets, i searched my memory for the perfect analog for this moment and found it in something that happened more than 20 years ago before i give you the investing framework for the next six weeks,
listener, action alerts member. >> thank you. >> my question, so president obama being re-elected and the drug patent cliffs as backdrop themes, i know you're playing abbott lab and bristol-myers. >> yes, you read it from the trust, thank you. >> yep. i went after an old favorite which is down at the bottom, teva pharmaceuticals. i want your view on 2013. >> let me give you a weird good news about teva. they reported a quarter i didn't think was great and the stock didn't go down. i wanted this stock to bottom for some time. i was using one of their products the other day. they are the greatest generic. people are worried about the ms drug. i think the risk is taken out of the stock. i have to tell you, robert, i don't know about the worries. so you know i think it's inexpensive. i just don't have a catalyst. i'm sorry. let's go to john in texas. john? >> blue sky boo-yah, jim. >> i like that. i can use some blue skies. >> i know. no debt, big revenue growth. and a big new customer with walgreens. >> you know, we looked at greenway medical a couple years ago. i have not lo
Search Results 0 to 28 of about 29 (some duplicates have been removed)